Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: Cooters who wrote (2369)	8/23/2000 2:35:47 PM
From: slacker711	Read Replies (1) \| Respond to of 196972

I certainly hope this is true.... etnews.co.kr\|09 Unfair trade alleged in mobile phone sales ¡¡Some mobile phone distributors and sales agents are allegedly attracting new subscribers by offering handsets for as low as 2 percent of regular prices. ¡¡ ¡¡Market sources said some distributors and sales agents for PCS(personal communication service) operators, including LG Telecom and KT M.Com(formerly Hansol M.Com), are selling handsets for about 4 dollars under the condition that the subscriber uses the phone for more than 6 months. Regular prices of handsets are set between 175 dollars and 250 dollars. ¡¡ ¡¡These practices violate government measure implemented in April that abolishes mobile phone subsidies. The restriction was intended to ease competition among mobile phone service operators and reduce illegal marketing practices among distributors and sales agents in attracting new subscribers. ¡¡ ¡¡One distributor said it has sold about 2,000 handsets since slashing prices under the condition that the subscriber uses the phone 6 months to 12 months. A cyber shopping mall recently sold 60 handsets for similar prices under the same conditions. The distributors said, however, that most of the phones are outdated models. ¡¡ ¡¡A market expert said distributor subsidies may be coming from mobile communication service providers and that this may lead to another type of unfair trade. ¡¡ ¡¡ Date : 2000.08.23